Delta Air Lines, JPMorgan And More On CNBC’s ‘Final Trades’
JP Morgan's Anastasia Amoroso picks iShares US Consumer Discretionary ETF as consumer spending picks up, while Jim Lebenthal chooses Delta Air Lines.
Back To The Office: Macy’s Reportedly Takes A Stand With In-Person Policy
Macy's reportedly plans a new office attendance policy, mandating corporate staff to be in-office twice weekly starting May 13. Failure to comply may lead to disciplinary measures, including termination. The move, affecting one-third of Macy's corporate workforce, follows a trend in corporate America emphasizing physical office presence for better collaboration.
Goldman Sachs Mulls GM Credit-Card Program Shift To Barclays: Report
Goldman Sachs reportedly considers transferring its General Motors credit-card program to Barclays, signaling a significant shift away from consumer lending. With Barclays emerging as the frontrunner, the potential $2 billion deal could reshape the credit landscape by summer.
Elon Musk Cracks Whip Harder: 2 More Senior Tesla Execs Reportedly Exit As CEO Demands ‘Absolutely Hardcore’ Workforce, Cost Cuts
Musk reportedly also wrote in the email that he would ask for the resignation of any executive who retains more than three people who don't "obviously pass" his criteria starting Tuesday.
Coca-Cola Contemplates $8B IPO For African Bottling Unit: Report
Coca-Cola reportedly eyes $8 billion valuation for African bottling arm IPO. Plans for dual listing in Johannesburg and Amsterdam. Discussions underway, but details subject to change.
What’s Going On With Banking Giant HSBC Today?
HSBC experiences a surge in stock value following first-quarter results and CEO Noel Quinn's surprise retirement announcement. Quinn, leading the company for five years, spearheaded global asset sales, emphasizing growth in Asia.
Nigeria Reportedly Audits Shell’s $1.3B Onshore Oilfield Sale
The Nigerian oil regulator evaluates Shell's divestment of its onshore subsidiary to Renaissance consortium. Assets have 6.73B barrels of oil & 56.27T cubic feet of gas.
Oracle Has More Employees In California Than HQ Texas, Documents Show Ahead Of Nashville Move: Report
Discover Oracle's Next Move: Nashville Bound from California and Texas. Learn about Chairman Larry Ellison's plans for the tech giant's relocation, uncovering insights into Oracle's shifting headquarters landscape and its impact on employee distribution and operational hubs across the U.S.
Nvidia CEO Jensen Huang Predicts AI Will Make Companies Hire More Workers With Higher Earnings: ‘There Are Circumstances… Machines Are Just Not Going To Understand’
While acknowledging potential job obsolescence, Huang emphasized the continued value of human judgment.
Jim Cramer Says Tesla Stock Will ‘Keep Running Until All Shorts Are Crushed,’ Praises Elon Musk’s China FSD Deal As ‘Perfect Example Of Redefining Narrative’
The stock picker also said no one else could have pulled this off, and that's the reason why shareholders love Musk.